Black Monday on Dalal Street: Sensex Crashes Over 1500 Points!

Domestic equity markets witnessed a massive sell-off, triggering a “Black Monday” on Dalal Street. Benchmark indices BSE Sensex plunged over 1500 points, while Nifty 50 dropped more than 450 points, reflecting widespread panic among investors. In a matter of just eight minutes, investor wealth worth nearly ₹8 lakh crore was wiped out, marking one of the sharpest intraday declines in recent times.

The steep fall was primarily attributed to the failure of key global talks and a surge in crude oil prices, which rattled market sentiment. Additionally, the strengthening of the US Dollar against the Indian rupee added further pressure, with the exchange rate touching ₹93.39. Analysts suggest that global uncertainties and rising input costs may continue to keep markets volatile in the near term.